Analysis On The Problem And The Strategy In The Development Of Chinese Cashmere Trade

With the continuous progress of the integration of the world economy, trade between countries becomes more and more frequent. Since China’s accession to the WTO, foreign trade development is swift and violent, just ten years, the scale of China’s foreign trade ranked first in the world. Foreign trade becomes an important driving force for the economic development of our country. Our country is in the world the biggest cashmere producing country, consumer, cashmere products processing and export country. Statistical data shows, China’s cashmere production accounted for about more than 75% of the world’s total output, export of cashmere products accounted for 80% of the global market share, more than 90% of the world’s the cashmere raw material is in our country to complete the preliminary processing, cashmere trade become an important part of China’s foreign trade. Although after decades of development, China’s cashmere trade made great achievements, it is an indisputable reality that the cashmere trade industry is big but not strong. Because of low added value and lack of brand, China is at the bottom of the "smile curve" in the cashmere industry trade chain, playing the role of processing factory, which brought great negative impact to the healthy development of cashmere trade. It can not be avoided to face the existing problems and to take effective measures in the cashmere trade development of our country in a long period of time.This paper takes the solution of the problem in Chinese cashmere trade development as the main line of writing, integrating literature study, comparative study and systematic research method, combining with the related theories of international trade. In-depth research has been made on the problems existing in the cashmere trade development of our country. Firstly, the background and significance of this topic is described, which leads to the urgency to study. Then it discusses the development of Chinese cashmere trade development at present as well as the cashmere situation in the world trade market in a panoramic view. On these bases, it focuses on the problems existing in Chinese cashmere trade, which summarized as low technical content, lack of independent brands, low industry-concentration, lack of related human resources, frequent trade friction and backward trade way and so on. At last, the paper discusses the countermeasures for the problems, hoping to bring useful guidance for the healthy development of China’s cashmere trade and to realize the transformation from the largest cashmere trading country to the most powerful one.